- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: People who talk about “getting their taxes”
Posted on 2/23/20 at 10:41 pm to danilo
Posted on 2/23/20 at 10:41 pm to danilo
quote:
quote:
“My wife and myself work all year, having taxes withheld, only to have to come up with thousands more by April 15. Infuriates me.”
Maybe you should withhold more and pay your fair share
I get the withholding more part (or at least putting more aside), but hopefully the pay fair share part is a troll or sarcasm otherwise thats just ignorant.
This post was edited on 2/24/20 at 12:40 am
0
Posted on 2/23/20 at 11:45 pm to Lawyered
quote:
when you aren’t working
You must have earned income to qualify thus the name “earned income tax credit”
But yes, another government give away
Posted on 2/23/20 at 11:57 pm to mmmmmbeeer
quote:
It's fricking stimulus.
It's welfare, Jethro. It's targeting low income ifamilies.
It's a stimulus for Walmart shareholders.
Posted on 2/24/20 at 1:37 am to High C
The EIC has confused people’s understanding of the entire payroll tax system.
I mentioned that I did my taxes and was receiving a small refund. An individual who makes significantly less than me said it wasn’t fair that I didn’t have to pay taxes since I made so much more than them just because I had a couple of kids. They were quite angry about the whole thing. They couldn’t or wouldn’t understand that I damn near paid their yearly salary in federal income tax. I just over paid a few hundred dollars, and I was getting what I overpaid back.
I mentioned that I did my taxes and was receiving a small refund. An individual who makes significantly less than me said it wasn’t fair that I didn’t have to pay taxes since I made so much more than them just because I had a couple of kids. They were quite angry about the whole thing. They couldn’t or wouldn’t understand that I damn near paid their yearly salary in federal income tax. I just over paid a few hundred dollars, and I was getting what I overpaid back.
This post was edited on 2/24/20 at 1:43 am
Posted on 2/24/20 at 5:59 am to Ssubba
quote:
More like "getting their earned money"
EITC is a handout for most leeches, amazing so many low IQ beta posters cant grasp this.
This post was edited on 2/24/20 at 6:00 am
Posted on 2/24/20 at 6:04 am to Pussykat
quote:
must have earned income
I am pretty sure "working" a few weeks at sonic or McDonald's over the course of a year is all the "income" you need to qualify. Which is BS.
Posted on 2/24/20 at 6:18 am to RogerTheShrubber
quote:
It's not a stimulus. It's moving money from one sector to another. It's a type of welfare.
Yeah, it moves money from the middle/working class and funnels it up to the capital gains class.
Posted on 2/24/20 at 6:32 am to High C
If you have to write a check for a tax liability, do something about it. Sounds like it is pretty consistent, so adjust your withholding or make additional estimated payments.
Posted on 2/24/20 at 6:38 am to Purplehaze
quote:
thank Reagan for the EIC
If by Reagan you mean Ford, then yeah. Unless you're talking about the largest expansion of the EITC, then thank Clinton. But whatever, man.
The EITC was enacted in 1975(Ford). Expanded int 1986(Reagan), 1990(Bush 41), 1993(Clinton), 2001(Bush 43), and 2009 (Obama). The only former president president who didn't expand it was Carter.
Posted on 2/24/20 at 6:51 am to High C
quote:
My wife and myself work all year, having taxes withheld, only to have to come up with thousands more by April 15. Infuriates me.
I'm downvoting because this is an avoidable situation.
Posted on 2/24/20 at 7:22 am to High C
quote:
My wife and myself work all year, having taxes withheld, only to have to come up with thousands more by April 15. Infuriates me
Gotta withhold more or start paying estimated taxes. With holdings exist to prevent that scenario.
Posted on 2/24/20 at 7:27 am to High C
You need someone’s help to properly get your taxes done.
Posted on 2/24/20 at 7:35 am to HooDooWitch
quote:
Your other option is to overpay them all year, let them earn interest on your money, and you get a check back months after the year ended.
I choose this option. The 2% on $3,000 I would’ve earned in savings is worth sacrificing in order to hide that cash from my wife and know that I won’t have to cut a check at the end of the year.
Also I think $2,000 of that a child tax credit or something that isn’t withholdings. I guess I could factor that in.
This post was edited on 2/24/20 at 7:44 am
Posted on 2/24/20 at 7:38 am to High C
I try to either come out even or owe a little. You would think people in this state would've learned a lesson a few years back when it came time for LA to reimburse everyone on income taxes and JBE said, "nah, imma hold on to this for a while, playa".
Posted on 2/24/20 at 7:40 am to High C
quote:
This seems to have really become a thing in the last 5-10 years. They seem to have no concept that you don’t “get” taxes, you “pay” taxes.
Don't take things too seriously. A lot of it is just funny hood memes.
Most people know what tax refunds are they just use that verbiage to sound funny.
Posted on 2/24/20 at 7:44 am to Tempratt
quote:
Well the people voting for him are a bunch of losers that never worked in their lives or are/were bitter liberal arts majors.
True
Posted on 2/24/20 at 7:59 am to Strannix
Well said. Most people have very little tax liability, if none at all.
Posted on 2/24/20 at 10:23 am to DavidTheGnome
quote:
Your realize that’s your fault right?
I adjusted my wife’s withholding for this year to alleviate it. It’s pay me now, or pay me later, anyway.
Page 4 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News